Foresight Solar (LON:FSFL) Issues Quarterly Earnings Results

Foresight Solar (LON:FSFLGet Free Report) announced its quarterly earnings data on Wednesday. The company reported GBX (0.54) EPS for the quarter, Digital Look Earnings reports. Foresight Solar had a negative return on equity of 5.64% and a negative net margin of 112.38%.

Foresight Solar Trading Up 0.7%

LON FSFL opened at GBX 71.08 on Thursday. Foresight Solar has a 12 month low of GBX 59.60 and a 12 month high of GBX 81.30. The stock has a 50-day simple moving average of GBX 70.86 and a 200 day simple moving average of GBX 68.21. The company has a market capitalization of £387.29 million, a PE ratio of -12.19 and a beta of 0.32.

Wall Street Analyst Weigh In

Separately, Jefferies Financial Group reaffirmed a “hold” rating on shares of Foresight Solar in a research note on Wednesday, August 12th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat, the stock has a consensus rating of “Hold”.

View Our Latest Stock Report on FSFL

About Foresight Solar

(Get Free Report)

Foresight Solar Fund Limited (“FSFL”) is a Jersey-registered, closed-end investment company investing in a diversified portfolio of ground-based solar PV and battery storage assets in the UK and internationally. The Company aims to deliver sustainable investment returns alongside strong environmental, social and governance (“ESG”) benefits.

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